WHAT INFORMATION DO I NEED TO PROVIDE SDFCU TO OPEN AN ACCOUNT?

HOW DO I APPLY FOR AN ACA-MEMBERS/SDFCU ACCOUNT? AM I REQUIRED TO FUND MY ACCOUNT TO COMPLETE MY SDFCU ACCOUNT APPLICATION? WHAT INFORMATION DO I NEED TO PROVIDE SDFCU TO OPEN AN ACCOUNT? HOW WILL SDFCU COMMUNICATE WITH ME DURING THE APPLICATION PROCESS? HOW LONG IS THE APPLICATION PROCESS? IS MY PERSONAL FINANCIAL INFORMATION DISCLOSED TO ACA? CAN I OPEN AN ACCOUNT AT SDFCU EVEN IF I LIVE ABROAD? CAN MY NON-US SPOUSE OR PARTNER OPEN AN ACCOUNT, OR BE A JOINT OWNER OF MY ACCOUNT? CAN I OPEN AN ACCOUNT FOR MY CHILDREN? WHAT CAN I DO WITH MY ACCOUNT? CAN I TRANSFER FUNDS IN MY SDFCU ACCOUNT TO MY FOREIGN BANK ACCOUNT? IS MY SDFCU ACCOUNT REPORTED TO U.S. CREDIT AGENCIES? CAN IT HELP ME BUILD A U.S. CREDIT RECORD? DOES SDFCU PROVIDE FINANCIAL COUNSELING AND CAN I USE MY OWN INVESTMENT ADVISOR? CAN I HAVE AN IRA OR ROTH IRA ACCOUNT OR A 401(K) ACCOUNT? CAN I DO ONLINE AND MOBILE BANKING WITH SDFCU FROM MY RESIDENCE OUTSIDE OF THE UNITED STATES? DOES SDFCU ISSUE CREDIT AND DEBIT CARDS? WILL MY SDFCU CREDIT OR DEBIT CARD BE ACCEPTED OUTSIDE OF THE UNITED STATES? CAN I GET A MORTGAGE FROM SDFCU TO BUY A PROPERTY? CAN THE PROPERTY BE OVERSEAS? CAN I GET A LOAN FROM SDFCU TO PAY FOR MY CHILDREN’S COLLEGE EXPENSES? IS SDFCU CONSIDERED A FOREIGN ACCOUNT OR A U.S. ACCOUNT FOR FATCA AND FBAR REPORTING? CAN I HOLD ACCOUNTS WITH SDFCU IN CURRENCIES OTHER THAN US DOLLARS? ARE FEES AND LOAN RATES THE SAME AT A CREDIT UNION AS THOSE CHARGED BY BANKS? HOW CAN I SET UP DIRECT DEPOSIT FOR TAX PAYMENTS, REFUNDS AND RECEIPT OF SOCIAL SECURITY BENEFITS? HOW DID SDFCU GET STARTED? IS SDFCU CREDIT UNION MANAGED BY OR PART OF THE U.S. STATE DEPARTMENT OF U.S. GOVERNMENT? WHAT IS A CREDIT UNION? WHAT’S THE DIFFERENCE BETWEEN A CREDIT UNION AND A BANK? WHAT “BANKING-LIKE” FINANCIAL SERVICES DOES A CREDIT UNION PROVIDE? IS MONEY IN AN ACA-MEMBERS/SDFCU ACCOUNT AS SAFE AS IT IS IN A BANK? STILL HAVE QUESTIONS? READY TO GET AN ACA-MEBMERS/SDFCU ACCOUNT? REMEMBER …..

Answer

The information that will be required includes:

ACA membership - A current membership in ACA (verified by ACA to SDFCU via email).
US Passport - A color copy of the applicant’s unexpired US passport
Proof of residency - A color copy of a document which provides proof of residence, such as a lease agreement or utility bill in the applicant's name (foreign address accepted). Examples of a residency document could be:
- Deed/Deed of Trust o Mortgage statement (no more than 60 days old)
- Real Estate Property Tax bill or Tax Assessment (current year)
- Valid residential rental/lease agreement
- Utility bill showing the same mailing and service address (no more than 60 days old). Acceptable utility bill - water, electric, gas, cable and landline phone bill
US Social Security Card - A color copy of the applicant's signed Social Security Card*

All documents provided must be original, unaltered and unexpired. Providing the requested documents will not guarantee an applicant to be approved for an account. SDFCU reserves the right to further request supporting documents to verify the information provided.

_{**If you don’t have a physical copy of your U.S Social Security Card, you can apply for a duplicate through U.S. Social Security. The SSA-1099 (Social Security Benefit Statement) is the only other acceptable form of verification we can accept in lieu of the signed color copy of an applicant’s social security card.}

_{USA Patriot Act – Important Information About Opening A New Account – To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account.}

SDFCU